Cambrige Notes: Principles of Accounting: Importance of Accounting
Cambridge IGCSE Accounting(0452)/O Level Principles of Accounts(7110) Notes Notes: Importance of Accounting
- Accounting plays an important role within the organisation
- Accounting is important for a number of reasons:
Importance and role of accounting
- It allows the business to record transactions for future reference
- Provides information about whether a business is profitable or not
- Provides information about the liquidity of the […]